Germany says: ‘Make In India’ is big opportunity for industrial firms
New Delhi: The Federal Finance Minister of Germany, Mr. Wolfgang Schäuble, called on Prime Minister Narendra Modi. Prime Minister Narendra Modi expressed concern about the recent terror attack in Paris and further related developments in Europe. Prime Minister Modi lauded the able leadership of Chancellor Angela Merkel in such difficult times.
Prime Minister Modi and Minister Schäuble discussed the federal structure of India, its parallels with Germany, and the lessons that could be applied to the evolving political structure of Europe. Prime Minister Modi and Minister Schäuble also discussed the key areas of bilateral cooperation between the two countries, viz. Green Energy, Infrastructure, Make in India, Affordable Housing, and Clean Ganga.
Recalling his meeting with Chancellor Angela Merkel on the sidelines of G-20 Summit in Brisbane, Prime Minister said that he is looking forward to his visit to Germany in April, when India will be the Partner Country at the Hannover Fair, as well as the visit of Chancellor Merkel to India later this year. Mr. Modi is scheduled to jointly inaugurate the Hannover trade fair along with German Chancellor Angela Merkel on his visit to Germany in April. The fair will showcase Mr. Modi’s ‘Make in India’ initiative to global investors. India is the partner country at the Hannover Messe 2015, the world's largest industrial trade fair.
Germany views Prime Minister Narendra Modi’s ‘Make In India’ initiative as a big opportunity for its industrial firms, visiting German Finance Minister Wolfgang Schäuble said. Dr. Schäuble expressed keen interest in working with India on the manufacturing sector, especially in the auto and solar energy industries, at a meeting with business lobby Confederation of Indian Industry (CII). Germany, is the world leader in solar energy generation with the largest solar photovoltaics (PV) installed capacity.
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